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Houston Housing Market Forecast: Current Data & 2021 Predictions

Houston Properties

From March to November of 2020, Americans made $1 trillion more than they did from March to November of 2019. On the other hand, the four restaurant workers would still need to spend monthly payments for rent, food, transportation, and insurance. A very fair question is: Will this continue, or is this a one-time thing? Buyers Beware?

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Expectations for 2023 in Seattle/King County Real Estate

Will Springer Realtor

Fuel to fill our vehicle gas tanks and to transport goods weigh heavily on inflation; 18% of the Consumer Price Index is for transportation costs – the second largest component of the CPI after housing/shelter (42%). Locally, permits for single- and multi-family home construction are down about 20% from this time last year.

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IS THE REAL ESTATE WINDOW CLOSING SHUT?

Will Springer Realtor

Construction could start as soon as 2022 on an ambitious three-tower project known as Cloudvue. Buyers will likely snap up any home to be within walking distance of the new transportation hubs. It is home to the highest-priced condo sale in Seattle history, $12M (2019). Who needs a car?! And now, a 2-bed, 1.75-bath

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Millennials Expected To Maintain Real Estate Buying Intensity

Will Springer Realtor

The narrow area known as Westlake, just west of Lake Union (and, notably, close to Facebook, Google and Amazon offices), has seen the number of people aged 25-34 double from 2010 to 2019 and now comprise 52% of its residents. Now, home builders would need to construct as many as 1.2 We are on the right track. million units.

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JUST IN TIME: THE 15-MINUTE COMMUNITY

Will Springer Realtor

Create options for multiple modes of transport – bikes, cars and transit should all be factored in. David Goldberg, chair of the Land Use & Transportation Committee of the Seattle Planning Commission, is helping to lead the city’s own 15-minute neighborhood. THE ROI OF HOME RENOVATION. Promote racial and income equity.

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